Barclays’s Jenkins Says Bankers Must Regain ‘Moral Compass’

Barclays Plc Chief Executive Officer Antony Jenkins said bankers must regain their moral footing and serve society’s long-term interests if the industry is to undo the damage caused by the financial crisis.

Bankers were too focused on the short-term, too self-serving and too aggressive in their actions in the years leading up to the global credit crunch, Jenkins said today at a debate hosted by London’s St. Paul’s Institute, a church group that seeks to engage banks with moral questions.